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BTC (Bitcoin)

August 07, 2018 16:30

Updated

1. What is Bitcoin?

Bitcoin was originally proposed by Nakamoto in 2009 and has become a global circulated digital currency. The total issued volume will be 21 million BTC, and the smallest unit is 10E-8. Bitcoin is not issued by any central organization; instead, it's generated through the algorithm, featuring its decentralized transaction.

Bitcoin is a peer-to-peer system; every transaction is encrypted and will be recorded on a public ledger to ensure transaction security.